Will Dogecoin Reserve Launch Help or Hurt DOGE Price?

With House of Doge launching a Dogecoin Reserve, the DOGE price is on the rise, soaring 5% today. Will the price rally higher?
By Pooja Khardia
Updated: 25 Mar, 2025 | 05:09:48 PM GMT
21Shares To Launch Dogecoin ETP With This Latest Partnership

Highlights

  • House of Doge launched Dogecoin Reserve with 10M DOGE tokens purchased.
  • Amid investors' optimism, the Dogecoin price jumped to $0.19 and may attain a higher mark with high TV.
  • Unlike traditional reserves, this meme coin's reserve will provide liquidity and develop it into a global payment solution.

Dogecoin stands superior in all the meme coins with significant price rallies and support from industry leaders like Elon Musk and others. Recently, the U.S. government even launched the Department of Government Efficiency or D.O.G.E., which aims to slash federal spending. Interestingly, a similar name has influenced the DOGE token’s price, but the recent Dogecoin Reserve announcement has raised the anticipation. Will it help this popular meme-themed cryptocurrency or hurt its price?

Advertisement
Advertisement

DOGE Price Surge 5% With Dogecoin Reserve News

The crypto market is filled with a new wave of optimism, as the House of Doge, a newly formed corporate arm of the Dogecoin Foundation, revealed the plans to establish an Dogecoin reserve.

The official announcement came on March 24, and at the time of writing, the reserve is live, starting debates among the crypto community, especially as the U.S. Strategic Bitcoin Reserve is in discussion.

Regardless of the competition, the House of Doge has purchased $1.8M worth of DOGE (10M DOGE) to develop this popular meme coin into a mainstream global payment solution. This decision will influence its liquidity and transaction efficiency, making it the best digital asset for everyday transactions.

Dogecoin Reserve

Interestingly, with this House of Doge announcement, the DOGE price began to surge, jumping from $0.17 to $0.19. After maintaining a 5% rally in the last 24 hours, it currently trades at $0.1906 with a market capitalization of $28.33B. The biggest testament explaining the investor’s interest is the 54% surge in its trading volume, currently at $1.63B.

Dogecoin price

Advertisement
Advertisement

How is Dogecoin Reserve Different From Bitcoin Reserve?

Unlike traditional Bitcoin Reserve and the others, which use financial hedges, DOGE’s primary function is to provide liquidity and support transactions. Additionally, it will play a significant role in developing a global payment solution.

“House of Doge is laying the groundwork for a robust payments ecosystem designed to deliver liquidity and reliability,” said Michael Galloro (board-elect member of House of Doge).

He further added that this DOGE reserve will ensure that the digital assets can be used practically for daily operation. More importantly, it will address the blockchain-related delays that are seen as barriers to using digital assets in retail payments.

Interestingly, there’s also discussion around implementing loyalty programs and incentives for the merchants that accept DOGE.

Advertisement
Advertisement

Is Dogecoin Reserve Good for DOGE Price?

The formation of the DOGE Reserve could be the best thing for this meme coin. This milestone can turn its image from a highly volatile digital asset to a widely accepted currency, influencing the Dogecoin price forecasts.

With a simple announcement, the price is up significantly, and the actual events and growing adoption can boost it further. Additionally, there’s also discussion on the Dogecoin-focused ETFs, where asset managers like Grayscale and Bitwise have already filed for ETFs.

The SEC’s approval on this and the reserve’s success could push Dogecoin price to new highs at $0.8 or higher.

Advertisement

Frequently Asked Questions (FAQs)

1. Who launched the Dogecoin Reserve?

The House of Doge, a newly formed corporate arm of the Dogecoin Foundation, launched the Dogecoin Reserve.

2. What's the purpose of this DOGE meme coin's reserve?

This DOGE reserve will provide liquidity and become a global payment solution perfect for daily buying transactions.

3. Will Dogecoin Price Rally?

Ever since the Dogecoin reserve announcement, the price has surged significantly and may reach a higher peak amid rising adoption and investor demand.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.